Question: DO IT IN EXCEL WITH ALL PROPER FORMULAS. The stock of Network Communication Corp. (NCC) is currently traded at $50 on the market. Assume the

DO IT IN EXCEL WITH ALL PROPER FORMULAS. The stock of NetworkDO IT IN EXCEL WITH ALL PROPER FORMULAS.

The stock of Network Communication Corp. (NCC) is currently traded at $50 on the market. Assume the stock price has a lognormal distribution. The expected return from the stock is 15 percent per annum and its volatility is 25 percent per annum. What is the probability that a European call option on NCC stock with a strike price of $52 and a maturity of 3 months will be in-the-money at the maturity date

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